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OTC Markets Group Announces the 2024 OTCQX Best 50
EnCore Energy Enters $70M Transaction With Boss Energy
OTC Markets Group Welcomes Boss Energy Ltd to OTCQX
NEW YORK, Feb. 15, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for over 11,000 U.S. and global securities, today announced Boss Energy Ltd (ASX: BOE;
Qualcomm Inc said he would provide chips for Renault's new electric vehicles.
Qualcomm Inc said on Monday that it would provide a key computing chip for the digital dashboard of Renault's new SA electric vehicle. Qualcomm Inc, based in San Diego, California, the world's largest key semiconductor supplier for mobile phones, has been expanding into cars with chips that power both dashboards and infotainment systems. Earlier this year, Qualcomm Inc announced an agreement with General Motors Co to use Qualcomm Inc chips. Qualcomm Inc said on Monday that Renault's Megane E-TECH Electric will use Qualcomm Inc chips to power the vehicle's infotainment system, which uses software to
BMW CEO predicts that chip supply will remain tight in the next 6-12 months
Oliver Zipse, BMW's chief executive, said on Monday that supply chain tensions were expected to continue into 2022, dashing hopes that a critical shortage of key semiconductors would end soon. "I expect the general tension in the supply chain to continue over the next six to 12 months," he said at the IAA auto show in Munich. Zipse, like other auto industry executives, is struggling with a drop in production caused by a shortage of semiconductors. But he said he saw no problem in the long run, adding that the auto industry was a very attractive customer for chipmakers.
JPMorgan Chase warns of a bearish reversal in the forecast of overbought Treasuries
JPMorgan strategist Jason Hunter and others said the rally in medium-and long-term Treasuries showed early signs of exhaustion. They added that medium-and long-term Treasuries triggered "multiple systemic sell signals", a harbinger of a bearish reversal and a renewed steepening of the curve. After months of gains, momentum, high-frequency positions and cross-market indicators show that Treasuries are overbought. Strategists expect 10-year yields to return to 1.255-1.29% (200-day moving average, 38.2% pullback after July 2020) and 1.18-1.21% ("break the gap" in February).
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